US regulator sues crypto exchange Binance and boss Changpeng Zhao

1 year ago 45

Complaint alleges firm grew US business despite stated intent to block US customers from platform

Binance and its chief executive, Changpeng Zhao, are being sued in the US by commodity market regulators in a complaint that claims the defendants committed “willful evasion of US law”.

The move is the most significant US enforcement action yet against the world’s largest cryptocurrency exchange.

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